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SBI Mutual Fund IPO

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Upcoming IPO.

About the Company
SBI Mutual Fund, one of India’s largest and most trusted asset management companies, is a joint venture between the State Bank of India (holding 63%) and Amundi, a leading French asset manager (holding 37%). Headquartered in Mumbai, the company has been instrumental in expanding retail participation in capital markets and democratizing access to financial products across urban and rural India. Leveraging SBI’s vast branch network and brand trust, SBI Mutual Fund services millions of investors through a mix of physical and digital channels. It offers a wide range of mutual fund schemes across equity, debt, hybrid, and solution-oriented categories. As of 31 December 2024, the company’s Assets Under Management (AUM) stood at ₹11.16 lakh crore, reflecting its strong growth trajectory and investor confidence.
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Founded In

1987

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CEO

Nand Kishore

Utilisation of Proceeds

PurposeAmount
The company is looking to raise up to ₹8,000 crore through this IPO. The offering will help partially dilute promoter and investor shareholding, improving public float and enhancing liquidity, transparency, and governance for broader market participation.-
Funds will be used to expand distribution networks, boosting Assets Under Management (AUM)-linked fee income and strengthening the company’s long-term revenue through scalable retail investor participation.-
Proceeds will support investments in technology and digital infrastructure, enhancing retail outreach, improving user experience, and enabling efficient service delivery across broader geographies and investor segments.-
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  • Strong Promoter Backing:: Backed by State Bank of India’s brand strength and Amundi’s global asset management expertise, SBI Mutual Fund benefits from both domestic credibility and international best practices, enhancing strategic depth, governance standards, and investor confidence.
  • Strong Financial Growth:: SBI Mutual Fund has delivered a 5-year CAGR of 36% in net profit and 27% in revenue. This outperformance in profit growth over revenue highlights strong operational efficiency, effective cost management, and a scalable business model.
  • Innovative Product Range:: SBI AMC has been a product pioneer, launching unique fund categories like contra, ESG, sectoral, and thematic funds. This innovation has helped attract a wide spectrum of investors and diversify its product suite beyond traditional offerings.
  • Expanding Customer Base:: Between FY19 and FY24, SBI Mutual Fund saw a 3x increase in its retail penetration and SIP book. This growth highlights its successful retail strategy and increasing acceptance among long-term individual investors.
  • Market Leadership:: SBI Mutual Fund is India’s largest asset manager with an AUM of ₹11.16 lakh crore. Holding the highest AUM in the industry, it reflects strong investor trust, broad market reach, and a dominant position in the mutual fund space.
  • Robust Technology and Digital Initiatives:: SBI Mutual Fund has made strong investments in digital platforms and mobile apps to simplify mutual fund investing. These tools facilitate easy onboarding, seamless transactions, and real-time portfolio tracking, thereby enhancing the user experience and attracting a growing base of tech-savvy investors.

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©2021-2026 Raise Securities Private Limited (formerly Moneylicious Securities Private Limited). All rights reserved. CIN: U74999MH2012PTC433549 Raise Securities is part of Raise Financial Services.

SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357
Exchange Membership No. : NSE: 90133 | BSE: 6593 | MCX: 56320
Registered & Corporate Office: Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road, Beside Patel Petrol Pump, Piramal Nagar, Goregaon West, Mumbai – 400104, Customer Care: 9987761000.


For any query / feedback / clarifications, email at help@dhan.co.

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Disclaimer: Investment in the securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit


Attention investors:

  1. Stock brokers can accept securities as margins from clients only by way of pledge in the depository system w.e.f September 01, 2020.
  2. Update your e-mail and phone number with your stock broker / depository participant and receive OTP directly from depository on your e-mail and/or mobile number to create pledge.
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Note: As a policy we do not give stock tips or recommendations and have not authorized anyone to give this on behalf of us. If you know anyone claiming to be a part of Dhan / / Raise or our associate companies or partners and offering such services, please report us on help@dhan.co. Important Information for Investors: To prevent unauthorized transactions in your trading / demat account, do not share your account details, credentials or any personal details with anyone. Keep your mobile number updated with your Stock Broker, Depository Participant and ensure that the same is registered with Stock Exchanges, Depository and KRAs. You will receive alerts and information on your registered mobile number / email for debit and other important transactions in your demat account directly from CDSL / Exchange on the same day. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Stock Broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. This is issued in the interest of investors.


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